GAM 252 - Casino Mathematics and Statistical Analysis

Credits: 3

Description
Statistical analysis or gaming related data is the focal point of this course. Topics include casino game advantage computations, central limit theorem, data visualization and distributions, probability theory, discrete random variables, sampling, hypothesis testing, correlation coefficient, and chi-square and regression analysis.

Student Learning Outcomes

Calculate casino game advantage percentages, mean, median, mode, variance, and standard deviation.
Summarize data using various visualization modalities.
Interpret probability theory using simple and discrete probability, combinations, permutations, random variables, Poisson distributions, and Bayes’ Theorem.
Perform sampling techniques, hypothesis tests, chi-square tests, correlation tests, and regression analysis.

Prerequisite: MATH 120